Mumbai, May 19 (IANS) Indian benchmark equity indices erased their intra-day gains and closed lower on Tuesday as weakness in banking, financial and metal stocks weighed on investor sentiment.The Sensex declined 114.19 points, or 0.15 per cent, to close at 75,200.85. The Nifty settled 31.95 points, or 0.14 per cent, lower at 23,618.Commenting on Nifty technical outlook, experts said that a sustained move above the 23,700–23,800 region will be essential to strengthen recovery momentum toward th…
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Mumbai, May 14 (IANS) Indian equity markets ended in the green for a second consecutive session on Thursday, with benchmark indices surging over 1 per cent each amid buying in pharmaceuticals, healthcare, metal and banking stocks and expectations of policy measures to address currency volatility.Sensex closed at 75,398.72, rising 789.74 points or 1.06 per cent, while Nifty settled 277 points or 1.18 per cent higher at 23,689.60. During intraday trade, the benchmarks jumped as much as 1.43 per ce…
Mumbai, May 12 (IANS) Indian equity benchmarks extended their losses for a second straight session on Tuesday as escalating tensions in West Asia, surging crude oil prices and concerns over the broader economic fallout triggered a sharp selloff across sectors.The 30-share Sensex plunged 1,456.04 points, or 1.92 per cent, to close at 74,559.24, while the Nifty declined 436.3 points, or 1.83 per cent, to settle at 23,379.55.Commenting on Nifty technical outlook, experts said that 23,300 now acts a…
Mumbai, May 12 (IANS) Indian equity benchmarks traded sharply lower on Tuesday for the second consecutive day in morning trade, with both indices declining around 0.5 per cent amid geopolitical tensions.Sensex declined as much as 0.62 per cent or 474 points to trade at an intraday low of 75,541 in early trade, while Nifty was seen trading at 23,689, down 0.53 per cent or 126 points from the previous close.Sector-wise, IT, chemicals, realty, cement and financial indices were among the top losers,…
Mumbai, April 28 (IANS) Indian benchmark indices closed lower on Tuesday, tracking a sharp rise in global oil prices amid fresh geopolitical uncertainty in West Asia.The Nifty and the Sensex both ended lower as investors turned cautious over escalating tensions involving the United States and Iran.At the closing bell, Sensex was at 76,886.91, down by 416.72 points or 0.54 per cent. The Nifty was at 23,995.70, down by 97 points or 0.40 per cent.Adani Ports, ITC, Bharti Airtel and Tech Mahindra am…
Mumbai, April 22 (IANS) The Indian equity benchmarks traded lower in early hours on Wednesday, even after President Donald Trump announced an extension of the fragile ceasefire between the US and Iran.Sensex declined as much as 0.62 per cent, or about 500 points, to 78,779, while Nifty traded at 24,434, down 142.2 points or 0.57 per cent, amid selling pressure in IT, banking, pharma and healthcare stocks such as Max Healthcare, ICICI Bank, Axis Bank, HCL Tech and Apollo Hospitals. Meanwhile, Nif…
Mumbai, April 10 (IANS) Indian equity benchmarks traded sharply higher on Friday, mirroring gains in global markets despite fresh geopolitical tensions and concerns over the closure of the Strait of Hormuz.Sensex climbed as much as 0.82 per cent or 630 points to hit an intra-day high of 77261 in early trade, while Nifty surged 0.85 per cent or 203 points to trade at 23,978.Earlier, the 30-share Sensex opened at 77,121, up 0.64 per cent or 489 points, while the 50-share index began the session at…
Mumbai, April 9 (IANS) The Indian equity markets opened on a cautious note on Thursday after witnessing a sharp rally in the previous session. Benchmark indices declined amid investor concerns over escalating geopolitical tensions, as reports suggested that Israel had attacked Lebanon’s Hezbollah, raising fears of a possible disruption in the Strait of Hormuz.Sensex traded 560 points or 0.72 per cent lower at 77,003, hitting an intra-day low in early trade, while Nifty fell as much as 182 poin…
Mumbai, Feb 25 (IANS) Indian stock markets ended slightly higher on Wednesday, even though they gave up most of their early gains during the day. Heavyweights like Reliance Industries and State Bank of India put pressure on the indices, while buying in metal and IT stocks helped limit the losses.The Nifty closed 57.85 points, or 0.23 per cent, higher at 25,482.50. The Sensex ended up 50.15 points, or 0.06 per cent, at 82,276.07.Analysts said that the 25,400 level is acting as immediate structura…
Mumbai, Feb 12 (IANS) Indian stock markets ended lower on Thursday as heavy selling in major IT stocks pulled the benchmark indices into negative territory. Weak sentiment in the technology sector outweighed gains seen in select banking and finance stocks.The Sensex closed at 83,674.92, slipping 558.72 points, or 0.66 per cent. Meanwhile, the Nifty settled at 25,807.2, down 146.65 points, or 0.57 per cent, from the previous close.“As long as Nifty trades below the 25,840–25,900 resistance ba…
